Quote from: MasterOwel on August 08, 2014, 01:19:29 AM

I honestly believe bitcoin will continue rising, possibly even to the $1k mark.
Simply because more and more people are becoming involved with it.

This thread seems a little speculative, but I am going t try and steer clear of that in an effort to keep it in the main forum.

Bitcoin is stable enough for two things at this point:

1) BTC is an excellent mid-term storage of value.
2) BTC is an excellent medium of exchange for goods and services for those that either liquidate the BTC or HODL for the mid-term.

We are nowhere near BTC having a stable price in terms of fiat. I fully expect wild swings in the near term.

As a protocol, bitcoin is more stable than the device you are reading right now.